GURUFOCUS.COM » STOCK LIST » Technology » Software » Taiwan Green Environment Technology Inc (ROCO:5205) » Definitions » Operating Income

Taiwan Green Environment Technology (ROCO:5205) Operating Income : NT$-18.52 Mil (TTM As of Dec. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Taiwan Green Environment Technology Operating Income?

Taiwan Green Environment Technology's Operating Income for the three months ended in Dec. 2024 was NT$-6.87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-18.52 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Taiwan Green Environment Technology's Operating Income for the three months ended in Dec. 2024 was NT$-6.87 Mil. Taiwan Green Environment Technology's Revenue for the three months ended in Dec. 2024 was NT$6.60 Mil. Therefore, Taiwan Green Environment Technology's Operating Margin % for the quarter that ended in Dec. 2024 was -104.09%.

Good Sign:

Taiwan Green Environment Technology Inc operating margin is expanding. Margin expansion is usually a good sign.

Taiwan Green Environment Technology's 5-Year average Growth Rate for Operating Margin % was 28.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Taiwan Green Environment Technology's annualized ROC % for the quarter that ended in Dec. 2024 was -38.91%. Taiwan Green Environment Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -213.63%.


Taiwan Green Environment Technology Operating Income Historical Data

The historical data trend for Taiwan Green Environment Technology's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Taiwan Green Environment Technology Operating Income Chart

Taiwan Green Environment Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.73 -13.67 -18.75 -19.66 -18.52

Taiwan Green Environment Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.12 -4.75 -2.99 -3.91 -6.87

Taiwan Green Environment Technology Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-18.52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Taiwan Green Environment Technology  (ROCO:5205) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Taiwan Green Environment Technology's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-27.48 * ( 1 - 0% )/( (71.761 + 69.473)/ 2 )
=-27.48/70.617
=-38.91 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Taiwan Green Environment Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-23.552/( ( (11.489 + max(-10.791, 0)) + (10.56 + max(-11.634, 0)) )/ 2 )
=-23.552/( ( 11.489 + 10.56 )/ 2 )
=-23.552/11.0245
=-213.63 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.314 + 0.297 + 3.349) - (24.67 + 0 + 0.081)
=-10.791

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.221 + 0.297 + 2.147) - (22.154 + 0 + 0.145)
=-11.634

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Taiwan Green Environment Technology's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-6.87/6.6
=-104.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Taiwan Green Environment Technology Operating Income Related Terms

Thank you for viewing the detailed overview of Taiwan Green Environment Technology's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Taiwan Green Environment Technology Business Description

Traded in Other Exchanges
N/A
Address
Neihu Road, 3rd Floor - 1, No. 396, Section 1, Neihu District, Taipei, TWN, 11493
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.

Taiwan Green Environment Technology Headlines

No Headlines